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120 Elder Road

120 Elder Road, Islip, NY 11751
Property in Islip
Sold Dec 06, 2021
$1,540,000
$1,155,000 by Intercontinental Capital Group
Mortgage Due Dec 06, 2051
Sold Aug 23, 2016
$900,000
$720,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2046
Local assessors in Islip, NY have categorized 120 Elder Road as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 27,878 square feet. If we look only at the heated or air conditioned part of the building, then 120 Elder Road has a total of 5,172 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 616 sqft. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 120 Elder Road sold most recently in Aug 31, 2021 for a total of $1,540,000. If you work out the math, that's approximately a cost of $247.11 per sqft. Before that, the property was also sold for $900,000 in Jun 30, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 120 Elder Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $109,100. If we break it down further, the land itself was valued at $38,000. Improvements to the property, however, were assessed at a total of $71,100. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 616
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 27,878
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 6,232
  • Building Area: 5,172
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,172
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.64
  • Standard Land Use Code: Single family residential
  • Legal Description 1: X2217402Y176733 T059H00000000

Ownership

  • Current Owner : DISBROW JAMES
  • Current Owner 2: DISBROW KIMBERLY
  • Previous Owner : SCHMIDT WILLIAM
  • Previous Owner 2: SCHMIDT DANIELLE
  • Owner Before Previous Owner: FREILER ELAINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Islip Union Free School District
  • School Tax School District: ISLIP
  • Census Tract: 147402

Zoning

  • Zoning: AA

Geography

  • District: 0500-4
  • Section: 50.46
  • Parcel: 0500-462.00-02.00-017.000
  • Block: 2000
  • Lot: 200.017
  • Municipality: ISLIP
  • Latitude: 40.708
  • Longitude: -73.2156

    Address

  • Full Address: 120 Elder Rd
  • Address - House Number: 120
  • Address - Street Name: Elder
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Islip
  • Carrier Code: C005
  • 4-Digit Zip Code: 4911
  • Zip Code: 11751

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472802

    Appraisal Valuation

  • Standard Deviation: 0.2401
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 1,335,302
  • High Value: 1,655,986
  • Low Value: 1,014,619

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,155,000
  • First Open Lien Mortgage Lender: INTERCONTINENTAL CAPITAL GROUP
  • First Open Lien Mortgage Recording Date: Dec 06, 2021
  • First Open Lien Mortgage Loan Amount: $1,155,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Dec 06, 2051

    Market Valuation

  • Market Total Value: $1,498,626
  • Market Land Value: $521,978
  • Market Improvement Value: $976,648

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $109,100
  • Assessed Land Value: $38,000
  • Assessed Improvements Value: $71,100

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Dec 06, 2021
  • Current Sale Transaction ID: 11877001765
  • Current Sale Price: $1,540,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Aug 23, 2016
  • Previous Sale Contract Date: Jun 30, 2016
  • Previous Sale Amount: $900,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: INTERCONTINENTAL CAPITAL GROUP
  • First Mortgage Transaction Date: Dec 06, 2021
  • First Mortgage Loan Amount: $1,155,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Aug 23, 2016
  • Previous Mortgage Loan Amount: $720,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2046

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Frequently Asked Questions

What neighborhood is 120 Elder Road located in?
The 120 Elder Road is a located in the neighborhood of Islip in Islip, Islip.
What is the average sales price for listings in 120 Elder Road?
The average sales price for units in 120 Elder Road is $0 currently.

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